Opposing Views: – Taxation of corporate bond interest.– The interest on corporate bonds is taxed at your marginal tax rate, but the tax code is never that simple. So here’s the complete guide to corporate bond taxation.

Forbes: – Interest rates, equities and bonds: Getting ahead of the curve.– George Soros developed a concept he calls reflexivity. The idea is that financial markets do not operate fully independent of the actions and biases of the participants. Taken to an extreme it can create a sequence of boom and bust. One can see this sequence having played out in the markets of both 1999 and 2007. I wonder today if we are not seeing that sequence beginning to now unwind in the bond market.

MarketWatch: – When mREITs yield more than CCC bonds.– Anyone considering investing in a mortgage REIT needs to examine carefully their leverage ratios, as well as what type of MBS they buy. And if a lower dividend yield is the price to pay for safety, maybe that is the way to go. Or, at least consider the only pure mortgage REIT ETF that diversifies many managerial issues that may arise with single mortgage REITs.

FT: – Flee ‘safe’ sovereign debt, says Hasenstab.– The man who made some of the boldest contrarian bets in the bond market last year has a new message for investors: get out of supposedly safe government debt now, before it is too late.

LPL Research: – The Fed’s bond diet. – Adding more bonds in the coming months will add interest rate risk and increase the potential for loss in a rising rate environment.

ETF Trends: – Three bond ETF strategies for 2013.– Over the past couple of months, Russ Koesterich has been outlining his outlook for markets and economies in the coming year. In short, he believes the most likely scenario is that the world – in particular the US – will continue to see slow but stable growth in 2013, with developed markets increasingly being influenced by policy decisions.

Quartz: – Expect to hear a lot of scary bond bubble talk, starting … now.– Given how wrong bond-bubble Cassandras have been for the last half decade, you may be tempted to write them off once the chatter about the imminent destruction of the bond market starts to pick up. (We’re predicting you’ll be hearing quite a bit of it as rates keep rising.) But we also think that might be a mistake.

WSJ: – Illinois delays municipal-bond sale.– Illinois has postponed a $500 million municipal-bond sale that was scheduled for Wednesday, attributing the delay to Standard & Poor’s recent downgrade and a decision by Fitch Ratings to put the state on negative watch.

CNN Money: – Goldman Sachs braces for bond market blow up.– Goldman Sachs is growing more nervous about the bond bubble. In the past year, the investment bank has dramatically cut the amount of money it could lose on any given day if interest rates were to rise, which would cause bond prices to fall. The bank has also upped its own borrowing in order to lock in low interest rates.

Barron’s: – Fed-watching focuses on longevity of QE, exit plans.– How much longer the Fed keeps up its current rate of purchases of Treasury and MBS securities now has important implications for its remittances to the Treasury. To the extent that this becomes an important consideration, it could begin to impinge on the Fed’s flexibility to raise rates and run down its balance sheet when time to exit comes.